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The company said that the program will be funded with available working capital. As of June 30, 51job had around 28.3 million ADSs outstanding and cash and cash equivalents of around RMB1.041 billion, or $151.7 million.
Shanghai-based 51job is a provider of integrated human resource services in China with a focus on recruitment related services. The company's office network in China spans 26 cities operating 23 local editions of its 51job Weekly publication.
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